Aramco Report

Paying for sunshine is one way to look at it. In an analysis of federal weather data, Zillow estimated the number of “pleasant days” per year for every city in the U.S. The result of the analysis confirm the conventional wisdom: regions with the best weather also tend to be more expensive places to...

Last week, California became one of only three states in the Union to impose statewide rent control. Oregon enacted rent controls in March and New York began limiting annual increases on a statewide basis in June.
While the measure won the favor of leases across the state and even the California Ap...

It’s been a long-time coming, but the California housing market finally saw an increase in home sales in July. For the first time in a year, CoreLogic reports that 42,432 new and existing homes and condominiums in California exchanged hands in during the month, a 5.1 percent increase from June and 1...

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The high cost of living alone would be enough to keep many American households from being able to afford a home. When combined with credit card payments, student loan debt and stagnant wages, the obstacles on the road to homeownership become seemingly insurmountable.
In a new survey conducted...

The Commerce Department announced last week that home building in the U.S. increased in August to its highest level since June 2007. Home construction has lagged behind demand for new homes for several years resulting in skyrocketing home prices. This latest data is a positive mark on the overall ho...

The number of investors in the U.S. flipping homes for a profit climbed during the second quarter of 2019 but data suggests that the practice is growing less profitable. ATTOM Data Solutions released its Q2 2019 U.S. Home Flipping Report last week which showed 59,876 single-family homes and condos w...

The gain of wealth from owning a home in the U.S. appears to have no end in sight. Homeowners’ equity in their properties increased again during the second quarter of 2019 according to a new report. CoreLogic’s quarterly Homeowner Equity Insights Report shows an aggregate increase in equity levels o...

The desire to become a homeowner is not unique to those with stellar credit. With demand for housing at it’s highest levels in decades, some lenders have returned to offering mortgages for a wider variety of consumers, including those who have sub-par FICO scores.
Borrowers with credit scores in th...

Low mortgage rates appear to be propping up the U.S. housing market as seen in a resurgence of new home sales in August. According to the Department of Commerce, sales of newly-constructed homes increased 7.1 percent on a month-over-month basis to a seasonally adjusted annual rate of 713,000, just s...

Many don’t find car shopping to be the most pleasant experience but the idea of simply turning in the keys and upgrading to a new model is an exciting concept. So much so, that online real estate site Zillow is in talks to make changing your home just as easy.
Zillow is partnering with home builder...

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